REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,199,000
Est. payment /mo
New
87 Niagara ST Toronto C01, ON M5V 1C9
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Townhouse
Sub Type Att/Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Municipality Toronto C01
Subdivision Niagara
MLS Listing ID C14031006
Style 3-Storey
Bedrooms 4
Annual Tax Amount $9,498
Tax Year 2026
Property Sub-Type Att/Row/Townhouse
Property Description
Welcome to a rare opportunity in one of downtown Toronto's most coveted addresses - an M5V postal code, no less! Tucked into the heart of the city, this Niagara St property is perfectly suited for investors or anyone ready to plant roots in a beautiful, established downtown neighbourhood. The main entrance offers a warm and inviting introduction to what could easily serve as your primary residence, while the basement level brings serious income potential to the table. With both a front and back separate entrance, this lower level is ideally set up to become its own self-contained unit - helping offset renovation costs or generate steady rental income from day one. Step outside and discover a charming, sun-dappled backyard, shaded by the natural grace of mature trees. It's a peaceful little escape that feels worlds away from the bustle of the city, even though you're right in the middle of it. A private parking spot at the rear of the building means your car stays protected from the elements - no more scraping snow off the windshield on a cold Toronto morning. And here's where things get even more exciting: with laneway units now permitted in the city, that same parking spot presents the opportunity to build a second income-generating unit. Whether you're looking to add long-term rental income, create a space for extended family, or simply maximize the property's value, the potential here is significant. Location doesn't get much better than this. You're just steps from 1 Hotel Toronto and Stack't Market, with Old York Tavern nearby for a great night out. A cosmetic medical clinic is also coming soon just across the street, and The Well is only moments away - bringing even more shopping, dining, and lifestyle amenities right to your doorstep. Add in countless parks and restaurants throughout the neighbourhood, and you have a location that truly has it all. This home truly deserves to be seen in person.
Location
State ON
County Toronto
Community Toronto C01
Area Toronto
Rooms
Basement Finished with Walk-Out
Kitchen 2
Interior
Interior Features In-Law Capability, Accessory Apartment
Cooling Central Air
Exterior
Parking Features Other
Garage Spaces 1.0
Pool None
Roof Type Tar and Gravel,Tile
Total Parking Spaces 1
Building
Foundation Concrete
Others
ParcelsYN No
Lited by THE AGENCY